Property profile

319 E Main St Lebanon, TN 37087

FOR LEASE
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Property ID
US80-0872618
8,008 SF 70 ac Built 1938
Last sale Jan 2024·$150,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This property is an approximately 1,320-square-foot retail storefront within a commercial building constructed in 1938. The interior is configured with an open floor plan supplemented by a private office, dressing and storage room, a checkout counter, and a flexible display area, arranged to support customer circulation and on-site merchandising within a compact footprint. The storefront is located at 319 E Main Street in Lebanon, Tennessee, in the Historic Downtown Lebanon corridor, with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$70k
Assessed land$34k
Assessed improvement$37k
Effective rate2.89%

Value estimate

· Nov 2026
$150k
$135k – $165k
AI approach$150k
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$2k
Operating expenses−$13k
NOI$30k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$25 – $133
Qualifying comparables4

Cap rate analysis

How does the asset earn?
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWILSON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.1
Garden Center9.6
Tailor Shop9.5

Location

319 E Main St Lebanon, TN 37087
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
106 Market, Lebanon, TN 37087-2708 $860,000 Jul 2025 11,336 SF
320 Cumberland, Lebanon, TN 37087-3606 $215,000 Nov 2023 8,409 SF
707 Briskin, Lebanon, TN 37087-9517 $136,000 Jul 2023 5,650 SF
1010 Main, Lebanon, TN 37087-3302 $325,000 Jul 2023 11,375 SF
1400 Main, Lebanon, TN 37087-3114 $250,000 Nov 2022 8,600 SF
107 College, Lebanon, TN 37087-2823 $960,000 Dec 2021 6,840 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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